This comparison guide helps individuals who have a hard time to select between Swissquote and XM to discover the very best online broker for their trading and financial investment requirements. It assesses the highlights of both brokers side by side to help individuals contrast their service and make a notified choice.
To assist customers choose the appropriate broker between Swissquote and XM to locate the best-suited system, listed below is a list of broker’s advantages and disadvantages, adhered to by a comparison of their main trading attributes, consisting of trading systems & tools, fees, mobile trading, down payment & withdrawal, properties, policy, and client assistance.
Swissquote vs. XM: Summary
Swissquote is a low risk forex and CFD online broker, regulated by 4 top-tier financial regulators. It is a great choice for traders who are looking for high quality research, daily market updates, a great variety of tradable assets and account security on a Swiss bank.
Their Advance Trader proprietary trading platform suite is available as desktop, web and mobile version. Together with the MetaTrader platform suite, it delivers an excellent trading experience for traders and investors at all levels. Minimum deposit is $1000 and trading fees are above industry average. Swissquote operates a bank.
Choose Swissquote if you are looking to trade physical cryptos with a highly trusted online broker that also offers great banking services.
XM is a Best-in-Class broker offering a complete MetaTrader suite coupled with upgrades to enhance trading experience and use of custom indicators. Through its various brands, XM offers traders a total of 1,230 CFDs across multiple asset classes, including forex, cryptos, stocks and CFDs.
XM offers low min deposits and wide range of account types. XM Forex offers low spreads and flexible lot sizes and is considered an average-risk trader. They are privately owned and do not operate a bank.
XM is regulated and authorized by the Australian Securities & Investment Commission (ASIC) and the UK’s Financial Conduct Authority (FCA)
Pros
- Great choice of trading instruments offered
- Very good research and education
- Great For Mobile Trading
Cons
- Few deposit and withdrawal option
Pros
- Very good customer support
- Very competitive trading fees
- Good choice of different trading platforms
Cons
- Could have more deposit and withdrawal options
Key features
- Access to 3,000 + financial instruments
- Full MetaTrader Integration (MT4, MT5 and Advanced Trader)
- Wide range of advanced trading tools and features
- No inactivity fees
- Algorithmic trading availability
Key features
- Access to 1,000+ trading instruments
- Trade the markets your way using one or multiple of the 16 available trading platforms including MT4 and MT5
- No re-quotes nor order rejections
- Broad range of educational material offered in the form of webinars, videos, live trading education sessions, and podcasts
- Extensive research tools via XM Research Centre including trade ideas, technical summaries, and a detailed economic calendar
- Free VPS perfectly suited for EAs and other automated trading software
Swissquote vs. XM Comparison
Select up to 3 Brokers
Swissquote
84.5% of retail investor accounts lose money when trading CFDs with this provider.
XM
BROKER COMPARISON
Trading Platform & Tools
| Automated Trading | ||
| Charting Tools | ||
| Conditional Orders | ||
| cTrader | ||
| Demo Account | ||
| Desktop Platform | ||
| Max Leverage | 1:400 | 1:888 |
| MetaTrader 4 (MT4) | ||
| MetaTrader 5 (MT5) | ||
| Mobile Version | ||
| Mutual Fund Management | ||
| Proprietary Platform | ||
| Social/Copy Trading | ||
| Trading Alerts | ||
| Trading signals | ||
| Watchlist | ||
| Web Version |
Fees
| Withdrawal Fee | $10 | 0 |
| Deposit Fee | 0 | 0 |
| Inactivity Fee | 0 | 0 |
| Cost Per Trade | 0 | 0 |
| Cost Per Month | 0 | 0 |
| Forex (EUR/USD) | 1.6 pips | 1.6 pips |
| Stocks & ETF | $9 | 0,1% – (min $5) |
| CFD (Gold) | 5.37 pips | 3 pips |
| Crypto | 0.50% | |
| Options | $1.49 per contract | 0 |
| Conversion Fees | 0 | 0 |
| Misc. Fees | 0 | 0 |
| Overnight Fees |
Deposit & Withdrawal
| Minimum deposit (in UAE) | 0 | $5 |
| Bank Wire | ||
| Credit/Debit Card | ||
| Cash | ||
| Check | ||
| Islamic Account Transfer | ||
| E-payments | ||
| Paypal | ||
| Skrill | ||
| Neteller |
Assets
| Shares | 60 | 100 |
| ETF & Funds | 9000 | 0 |
| Crypto | 26 | 0 |
| Commodities | 0 | 0 |
| Indices | 0 | 0 |
| Options | 6 | 0 |
| Futures | 6 | 0 |
| Bonds | 53000 | 0 |
| Forex Instruments | 80 | 55 |
| CFD Indices & Funds | 26 | 14 |
| CFD Stocks | 0 | 1286 |
| CFD Commodities | 12 | 14 |
| CFD Crypto | 12 | 5 |
| CFD Bonds | 3 | 0 |
| Binary Options | 0 | 0 |
| SWAPS | 0 | 0 |
| Saving Plans | 0 | 0 |
Research & Education
| Webinars | ||
| Educational Resources | ||
| Daily News Updates | ||
| Market Indepth Analysis | ||
| Pers. Training & Room | ||
| Market Research |
Customer Support
| Phone | ||
| Live Chat | ||
| 24/7 support | ||
| Multilingual | ||
| Personal Account Manager |
Winner
Swissquote vs. XM Comparison Conclusion
The outcomes of our comparison of Swissquote vs. XM are involved the table below.
| Broker: | Best For: |
| Swissquote | Investors |
| XM | Research & Education |
Choosing the ideal choice in between Swissquote and XM can be tough. Both online brokers have similarities however differ relating to trading tools, systems & applications, policy, deposit & withdrawals, and research study and education. Selecting the very best broker depends on individuals’ trading & investment objectives, private choices, and experience degree.
To make a better-informed decision, users can read our detailed broker reviews, comparison or use our broker selector to help them find the ideal broker.